Second quarter estimate of EU27 current account deficit €55.1 bn

First estimate for the second quarter of 2009 EU27 current account deficit 55.1 bn euro 19.4 bn euro surplus on trade in services

The EU271 external current account recorded a deficit of 55.1 billion euro in the second quarter of 2009, compared with a deficit of 73.2 bn in the second quarter of 2008 and a deficit of 58.2 bn in the first quarter of 2009.

In the second quarter of 2009, the EU27 external balance of trade in services recorded a surplus of 19.4 bn euro, compared with a surplus of 21.3 bn in the second quarter of 2008 and a surplus of 12.0 bn in the first quarter of 2009.

These provisional data3, issued by Eurostat, the Statistical Office of the European Communities, will be subject to revision.